with Oli | Strategies


Archive for Oktober 12th, 2008

The text of the EU statement …

Sonntag, Oktober 12th, 2008

DECLARATION ON A CONCERTED EUROPEAN ACTION PLAN OF THE EURO AREA COUNTRIES 1) Financial systems contribute essentially to the well functioning of our economies and are therefore a necessary prerequisite for growth and a high level of employment. Millions of depositors have trusted their wealth to our financial institutions. The consequences of the current financial [...]

The empire (tries) to strike back …

Sonntag, Oktober 12th, 2008

How many announcements can one weekend bring??? I just try to list the NEWS (not necessarily in order of importance): – German Bailout Likely to Be Over $400 Billion, injecting capital into banks and even guarateeing interbank lending – Euro-zone governments to issue guarantees and insurance, to buy stock in needy companies, to issue qualifying [...]